Village Farms: Analyst Consensus Points To Positive Q2 EBITDA Of $1.31 Million

Village Farms International, Inc. (TSX: VFF)  announced that they will be reporting their second quarter financials before market open on August 9.

Analysts have a consensus C$23.39 12-month price target on the company, via a total of 6 analysts, with one analyst having a strong buy rating, and the other five have buy ratings. The street high comes from Raymond James with a C$32.84 price target, and the lowest target comes from Craig Hallum with a C$16 price target.

5 analysts have revenue estimates for the second quarter. The mean between all 5 is C$62.99 million; this number has been revised slightly downwards from C$66.40 million at the start of the year. The street high is C$66.70 million while the lowest sits at C$58.91 million.

Three analysts have estimates for what this quarter’s gross profit margin will be. They expect the profit margin to come in at 10.2%, with this number being revised downwards from 20.85% at the start of the year. Street high goes to Craig Hallum with a 12.30% estimate and the lowest sits at 6.30%.

Onto EBITDA estimates, there are currently only 5 analysts who have second quarter EBITDA estimates. The mean is currently C$1.31 million, with this number being lower at the start of the year. Street high goes to Craig Hallum with a C$2.25 million EBITDA estimate and the lowest being a C$0.5 million estimate.


Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Tungsten Went 6X. I Went to See the Deposit Time Forgot | DD-on-the-GO! – Rackla Metals Inc

The World’s Largest Undeveloped Gold Project Nears a Deal | Rudi Fronk – Seabridge Gold

One of the World’s Biggest Copper Mines Could Reopen Just to Shut Down | First Quantum

Recommended

First Majestic Produces 3.4 Million Ounces of Silver in Q3 2026, Jerritt Canyon Restart Remains on Track

Altamira Gold Drills 134 Metres of 0.5 g/t Gold at Maria Bonita, Hole Ends in Mineralization

Related News

Canopy Growth: Analysts Expect Q2 Revenues Of $142.5 Million

Canopy Growth Corp (TSX: WEED) (NASDAQ: CGC) announced that they will be reporting their fiscal...

Thursday, November 4, 2021, 03:16:00 PM

BMO Capital Markets Initiates Coverage On Multiple Oilfield Servicing Firms

This week, BMO initiated coverage on several large-cap U.S oilfield services. BMO’s Phillip Jungwirth commented...

Friday, October 2, 2020, 02:39:00 PM

HEXO: Canaccord Lowers Price Target Following Redecan Transaction Announcement

On May 28th, Hexo Corp (TSX: HEXO) (NYSE: HEXO) announced yet another acquisition. The company...

Tuesday, June 1, 2021, 11:51:00 AM

Alamos Gold: BMO Production Estimates For Q4 Comes In High

On January 17th, Alamos Gold Inc. (TSX: AGI) reported its fourth quarter and full-year production...

Sunday, February 6, 2022, 11:13:00 AM

BMO Lowers Aritzia’s Price Target, Points To Inflation Headwinds

Last week Aritzia (TSX: ATZ) reported their fiscal fourth quarter ending February 26 results. The...

Tuesday, May 10, 2022, 03:02:00 PM